Page 18 - Debt Problems News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And what they call downstate illinois would be a separate state? is that the idea? >> right.io so basically the resolution calls for congress to separate or make chicago the 51st state. really the movement is to find what counties that are interested in forming a new illinois. hopefully 101 of those counties would become the new illinois. >> tucker: i mean, part of the reason, the impetus for this has got to be financial. nobody wants to be saddled with the unresolvable debt that chicago has. the really unre1068able debt problems that chicago has. i assume that's part of, this right? >> well, ...

The new silk road is president he's foreign policy baby to ensure his new economic superhighway to the world succeeds china is providing international delegates a warm welcome three. to smooth over any potential rough spots you know. we should strengthen debt and risk management we should objective fully and fully understand debt problems of developing countries but me the belton road initiative presents a gigantic opportunity triggering development in structurally weak regions the economic potential has sparked massive international interest in the project. the z. is also a very important opp...

Other countries and they don't necessarily have the same debt problems that we do. is it in part the availability or is it culturally something that is unique to us? for lack of better word? [laughs] >> unique to us, but i do believe we've made it awfully easy to buy things. and we got gotten our egos ahead of our common sense. when it's easy to buy, and we are buying out of ego or guilt or trying to keep up with other folks than we overbite which means we overspend and that's where we have to have some control and check our core values about our true priorities. nobody has ever been said said...

Down. it is not as big a negative as you would think. a government shutdown would evolve into like we would not pay the debt payments. it was not going to be a real market event. it looks like the market crashed really bad and it must be the shutdown. there were so many other things going on. much more important. we had shutdowns before. now the budget deficit is growing and has no real plan to be solved partially as a result of tax cuts, partially as a result of spending going up. some of that on autopilot. that is an ongoing issue that could lead to debt problems and it's just the market. we...

Once hurricane maria hit everything that was bad just got a whole lot worse. so the federal government under trump did too late, too little, but all of the debt problems get worse. now puerto rico has even greater need to make the investments in rebuilding, in infrastructure, in schools and in hospitals. and yet, the wall street vulture investors are continuing to try to suck money out of that island. so for me what we need now is we need both a commitment to help puerto rico rebuild, but we also need to give puerto rico the same kind of opportunities that a city in america, that gets into too...